Building sold, tenant leases terminated: Rents go up as soon as Burlingame property changes hands
September 22, 2015
The leases for tenants at 1111 Douglas Ave were terminated to make way for renovations and rent increases by the new owners.
Community Legal Services in East Palo Alto secured relocation assistance and additional time to move out.
“This case is a textbook example of how unfettered real estate speculation is tearing apart our communities,” said Daniel Saver, a housing attorney with Community Legal Services in East Palo Alto. “Within mere weeks of completing the sale, the new management issued mass eviction and rent increase notices. This reflects a business model that is predicated upon displacing working families. There are a lot of good landlords out there, but increasingly we see speculators like these who callously seek to maximize profits at the expense of people.”Full Story
Organizations mentioned/involved: Community Legal Services in East Palo Alto (CLSEPA)